Through philanthropic contributions and devotion of time, expertise, and talents, the Spartan Founders Club is an initiative launched by the Burgess Institute for Entrepreneurship & Innovation to scale its impact on today’s students and tomorrow’s innovators. As part of this exclusive community, members will have the opportunity to connect with other accomplished Spartan entrepreneurs worldwide. Together, we will elevate Michigan State University’s entrepreneurship and innovation ecosystem to new heights.
MEMBERS WILL:
Spartans are bold and stand together, resolute in the face of adversity. Similarly, the Spartan Founders Club is a consortium of MSU alumni and friends willing to stand together to help MSU students and grow MSU’s campus-wide nationally ranked entrepreneurship education program. We’re looking for 300 Spartans to join the cause. Are you ready?
“I joined because I believe in the power of community and the importance of giving back. The opportunity to connect with fellow Spartan founders, exchange ideas, and mentor emerging entrepreneurs is something I deeply value.” - Kavita Bouknight, Spartan Founders Club Member
Access early-stage investment opportunities that originate from MSU and/or are founded by Spartans.
Collaborate, network and invest with other like-minded Spartans and friends who have a wide-range of industry and investment experience.
Access to investment opportunities curated by dedicated and experienced professionals at MSU.
Make an impact and leave your legacy by helping Spartans grow their companies with capital and support.
Engage with MSU’s expanding entrepreneurial education program, events and ecosystem
Membership in the Spartan Angel Network provides angel investing education and professional development.
No, Spartan Founders Club members are not required to attend the Founders Club reunion each fall at the Burgess Institute’s on-campus Venture Summit. However, each member is invited and encouraged to attend.
Spartan Founders Club members will be invited to serve as student mentors for flagship Burgess Institute programming like 2Day Venture and the Burgess New Venture Challenge and will be considered for other signature engagement opportunities like guest lecturing in a classroom or speaking at our Innovate State speaker series.
Yes, there are! When prospective members complete the online form to join, they are prompted to either A.) make a one-time gift of $9,000 for the entirety of the initial three-year term, or B.) make an annual recurring gift of $3,000 for three years, or C.) customize the payment plan to reach the annual commitment (i.e. $250 per month for 12 months).
The Spartan Founders Club is open to Spartans & Friends who are interested in supporting MSU’s campus-wide student entrepreneurship program and committed to the terms of the initiative. Ideally, those who are entrepreneurs, executives, investors, or innovators in industry will be inspired to join this new community of student entrepreneurship supporters. Members do not need to be alumni of Michigan State University.
Yes! When completing the online form, members can indicate their interest in joining a new Spartan Angel Network, which will be facilitated by the MSU Research Foundation in collaboration with the Burgess Institute.
In order to join the Spartan Angel Network, you must be a member of the Spartan Founders Club.
Wishing to learn more about the Spartan Angel Network? See the Angel Network FAQ below.
Angel investors generally are high net-worth individuals who make high-risk, potentially high-yield investments in start-up companies or small businesses looking to expand their market opportunities. Angel investors typically focus on companies that have already developed a basic concept and business strategy, and are in the seed stage of investment. An emphasis is placed on business enterprises with the potential for rapid growth.
The Spartan Angel Network members are required to be affiliated with Michigan State University, be accredited investors, sign a membership agreement and be a member of the Spartan Founder’s Club.
To be an accredited investor an individual must have over $200,000 in annual earned income (or $300,000 together with a spouse) or have a net worth of over $1 million (excluding the value of their primary residence). For more information on accredited investor requirements, please see the SEC’s accredited investor bulletin, including the information regarding calculating net worth.
Spartan Angel Network members will have the opportunity to invest in MSU-affiliated startups. Companies must generally meet the following criteria to be presented to the membership:
The Spartan Angel Network connects its members to companies seeking capital, which may have the potential for high growth and significant financial returns. When filtering opportunities for review by Spartan Angel Network members, the Spartan Angel Network operating team generally looks for the following attributes:
The Spartan Angel Network’s operating team actively seeks input and feedback on members’ areas of interest and focuses its efforts on areas in which members have particular preferences.
While there are no minimum annual investment amounts for Spartan Angel Network members, companies may set an investment minimum per Angel investor in their funding round (company minimums typically range from $10,000 – $25,000). Although it is not required, we encourage individual members to invest in at least one Spartan Angel Network investment per year.
Company Sourcing
Company Communication and Information Sharing
Company Screening
Due Diligence
Event Management
The Spartan Angel Network and the Burgess Institute are not venture funds, investment banks, broker-dealers, investment clearinghouses, investment portals, investment advisors, tax, accounting or financial advisors, and The Spartan Angel Network and the Burgess Institute are not registered with the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority, or any state securities commission. Rather, the Spartan Angel Network is a forum in which members may discuss various aspects of investment and business, as well as be introduced to companies for possible investment. The Spartan Angel Network and the Burgess Institute do not provide advice, recommendation, or any other indication of appropriateness or inappropriateness of a particular investment brought to the attention of the Spartan Angel Network. The Spartan Angel Network and the Burgess Institute do not endorse any investment opportunity, make no independent investigation to verify information provided by companies submitting to the Spartan Angel Network for presentation or otherwise, and make no representation or warranty regarding the same.
The operating team provides support throughout the investment process, including:
The team does not provide investment recommendations. All investment decisions are made by individual members and all investments are made directly from members to companies.